254 W 5th Street, Marysville, OH 43040

New Listing
$547,900
Property Type: Multi-Family Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $547,900 List Date: 2/05/2026 Last Modified: 2/05/2026

Description

Prime Fully Occupied Investment Opportunity in Uptown Marysville! Welcome to 254 W Fifth Street, Marysville, OH — a rare single-story fourplex located steps from Uptown Marysville, in one of the most desirable and walkable areas in the city. This property is fully occupied and generates $4,300 per month ($51,600 annually) in rental income, providing immediate, stable cash flow from day one. All four units are single-level, a highly desirable layout that attracts long-term tenants while keeping maintenance simple. Additional highlights include a 3-car carport, one enclosed garage in the rear, and a fully blacktop driveway, offering ample off-street parking — a major tenant draw in this prime location. With its unbeatable proximity to restaurants, shops, entertainment, and major employers, this asset benefits from strong rental demand and built-in upside with room for future rent growth. Ideal for investors seeking a low-maintenance, income-producing property in a premier Marysville location. MAJOR VALUE ADD: Tenants pay ALL utilities, keeping operating expenses low and maximizing net returns. Turnkey multifamily opportunities like this are rare — don't miss your chance to own in the heart of Uptown Marysville. Please do not disturb tenants.

Supplements: ********

More Information MLS# 226003357

Location & Property Info

List Price/SqFt: 160.11 City (Mailing Addr): Marysville Corp LimitPerAuditor: Marysville

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

# of Buildings: 1 Occupancy Rate: 100 Built Prior to 1978: Yes Total Parking: 8 Carport Spaces: 4 Building Sqft: 3422 Lot Size (Side): 183 Number of Units: 4 Year Built: 1961 Acreage: 0.29

Tax Info

Tax Abatement: No Taxes (Yrly): 8714 Parcel #: 29-0007066-0000 Tax Year: 2024

Remarks & Misc

Property Description: Prime Fully Occupied Investment Opportunity in Uptown Marysville! Welcome to 254 W Fifth Street, Marysville, OH — a rare single-story fourplex located steps from Uptown Marysville, in one of the most desirable and walkable areas in the city. This property is fully occupied and generates $4,300 per month ($51,600 annually) in rental income, providing immediate, stable cash flow from day one. All four units are single-level, a highly desirable layout that attracts long-term tenants while keeping maintenance simple. Additional highlights include a 3-car carport, one enclosed garage in the rear, and a fully blacktop driveway, offering ample off-street parking — a major tenant draw in this prime location. With its unbeatable proximity to restaurants, shops, entertainment, and major employers, this asset benefits from strong rental demand and built-in upside with room for future rent growth. Ideal for investors seeking a low-maintenance, income-producing property in a premier Marysville location. MAJOR VALUE ADD: Tenants pay ALL utilities, keeping operating expenses low and maximizing net returns. Turnkey multifamily opportunities like this are rare — don't miss your chance to own in the heart of Uptown Marysville. Please do not disturb tenants.

Income/Expenses

Gross Income: 4300 Net Operating Income: 4300 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 4

Construction

Brick: 1

Heat Fuel

Gas: 1

Parking Features

1 Car Garage: 1 Detached Garage: 1 Garage Door Opener: 1 3 Carport +: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Miscellaneous

W/D Hookups: 1

Tenant Pays

Gas: 1 Sewer: 1 Trash Collection: 1 Water: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1 FHA: 1

Air Conditioning

Central Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 547900 List Price: $547,900 Property Sub Type: Flat Street #: 254 Street PreDirection: W Street Name: 5th Street Suffix: Street County: Union State: OH Zip Code: 43040 School District: MARYSVILLE EVSD 8002 UNI CO. Township: Paris

OfficeContract Info

Status: Active MLS Entry Date: 2026-02-05

Property Features

Addl Acceptance Cond: None Known Parking Features: 1 Car Garage; Detached Garage; Garage Door Opener; 3 Carport + Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Water Source: Public Sewer: Public Sewer Miscellaneous: W/D Hookups New Financing: Conventional; FHA MLS Primary PhotoSrc: Realtor Provided

Documents

Listing Office: Roby Realty
Listing Agent: Charles Scheiderer
Last Updated: February - 05 - 2026
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